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Apex Trader Funding - Snap Stock Sinks On Q2 Earnings Revenue Miss Eps In Line Daus Up 9 And More
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Apex Trader Funding - News

Snap Stock Sinks On Q2 Earnings: Revenue Miss, EPS In Line, DAUs Up 9% And More

Snap Inc (NYSE:SNAP) reported second-quarter financial results after the market close on Thursday. Here’s a look at the key metrics from the quarter. Q2 Earnings: Snap said second-quarter revenue increased 16% year-over-year to $1.24 billion, missing the consensus estimate of $1.25 billion, according to Benzinga Pro. The social media company reported quarterly earnings of 2 cents per share, in line with analyst estimates. Daily active users grew 9% year-over-year to 432 million. Monthly active users climbed to 850 million in the quarter. Operating cash ...